VA SB556 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on April 4 2024 - 100% progression
Action: 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0512)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on April 4 2024 - 100% progression
Action: 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0512)
Text: Latest bill text (Chaptered) [HTML]
Summary
Historic rehabilitation tax credit; maximum amount of tax credit. Increases from $5 million to $7.5 million, beginning in taxable year 2025, the maximum amount of the historic rehabilitation tax credit, including amounts carried over from prior taxable years, that may be claimed by a taxpayer in any taxable year.
Title
Historic rehabilitation; maximum amount of tax credit.
Sponsors
Roll Calls
2024-03-07 - Senate - Senate: Conference report agreed to by Senate (39-Y 1-N) (Y: 39 N: 1 NV: 0 Abs: 0) [PASS]
2024-03-06 - House - House: VOTE: Adoption (80-Y 18-N) (Y: 80 N: 18 NV: 0 Abs: 2) [PASS]
2024-02-28 - House - House: VOTE: Passage (73-Y 25-N) (Y: 73 N: 25 NV: 0 Abs: 2) [PASS]
2024-02-28 - Senate - Senate: Senate acceded to request (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-28 - Senate - Senate: House amendment rejected by Senate (0-Y 39-N) (Y: 0 N: 39 NV: 0 Abs: 1) [FAIL]
2024-02-26 - House - House: Reported from Appropriations with amendment(s) (19-Y 3-N) (Y: 19 N: 3 NV: 0 Abs: 0) [PASS]
2024-02-19 - House - House: Reported from Finance (16-Y 6-N) (Y: 16 N: 6 NV: 0 Abs: 0) [PASS]
2024-02-12 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-08 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-07 - Senate - Senate: Reported from Finance and Appropriations with substitute (13-Y 2-N) (Y: 13 N: 2 NV: 0 Abs: 0) [PASS]
2024-03-06 - House - House: VOTE: Adoption (80-Y 18-N) (Y: 80 N: 18 NV: 0 Abs: 2) [PASS]
2024-02-28 - House - House: VOTE: Passage (73-Y 25-N) (Y: 73 N: 25 NV: 0 Abs: 2) [PASS]
2024-02-28 - Senate - Senate: Senate acceded to request (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-28 - Senate - Senate: House amendment rejected by Senate (0-Y 39-N) (Y: 0 N: 39 NV: 0 Abs: 1) [FAIL]
2024-02-26 - House - House: Reported from Appropriations with amendment(s) (19-Y 3-N) (Y: 19 N: 3 NV: 0 Abs: 0) [PASS]
2024-02-19 - House - House: Reported from Finance (16-Y 6-N) (Y: 16 N: 6 NV: 0 Abs: 0) [PASS]
2024-02-12 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-08 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-07 - Senate - Senate: Reported from Finance and Appropriations with substitute (13-Y 2-N) (Y: 13 N: 2 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-04 | Governor: Acts of Assembly Chapter text (CHAP0512) | |
| 2024-04-04 | Governor: Approved by Governor-Chapter 512 (effective 7/1/24) | |
| 2024-03-27 | Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024 | |
| 2024-03-27 | Senate | Enrolled Bill Communicated to Governor on March 27, 2024 |
| 2024-03-26 | House | Signed by Speaker |
| 2024-03-25 | Senate | Signed by President |
| 2024-03-25 | Senate | Bill text as passed Senate and House (SB556ER) |
| 2024-03-25 | Senate | Enrolled |
| 2024-03-07 | Senate | Conference report agreed to by Senate (39-Y 1-N) |
| 2024-03-06 | House | VOTE: Adoption (80-Y 18-N) |
| 2024-03-06 | House | Conference report agreed to by House (80-Y 18-N) |
| 2024-03-06 | Conference: Amended by conference committee | |
| 2024-02-28 | House | Delegates: Lopez, Mundon King, Bloxom |
| 2024-02-28 | House | Conferees appointed by House |
| 2024-02-28 | Senate | Senators: Williams Graves, Obenshain, Surovell |
| 2024-02-28 | Senate | Conferees appointed by Senate |
| 2024-02-28 | Senate | Senate acceded to request (39-Y 0-N) |
| 2024-02-28 | House | House requested conference committee |
| 2024-02-28 | House | House insisted on amendment |
| 2024-02-28 | Senate | House amendment rejected by Senate (0-Y 39-N) |
| 2024-02-28 | House | VOTE: Passage (73-Y 25-N) |
| 2024-02-28 | House | Passed House with amendment (73-Y 25-N) |
| 2024-02-28 | House | Engrossed by House as amended |
| 2024-02-28 | House | Committee amendment agreed to |
| 2024-02-28 | House | Read third time |
| 2024-02-27 | House | Read second time |
| 2024-02-26 | House | Reported from Appropriations with amendment(s) (19-Y 3-N) |
| 2024-02-19 | House | Assigned App. sub: Commerce Agriculture & Natural Resources |
| 2024-02-19 | House | Referred to Committee on Appropriations |
| 2024-02-19 | House | Reported from Finance (16-Y 6-N) |
| 2024-02-15 | House | Referred to Committee on Finance |
| 2024-02-15 | House | Read first time |
| 2024-02-15 | House | Placed on Calendar |
| 2024-02-12 | Senate | Read third time and passed Senate (40-Y 0-N) |
| 2024-02-09 | Senate | Engrossed by Senate - committee substitute SB556S1 |
| 2024-02-09 | Senate | Committee substitute agreed to 24107347D-S1 |
| 2024-02-09 | Senate | Reading of substitute waived |
| 2024-02-09 | Senate | Read second time |
| 2024-02-08 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2024-02-07 | Senate | Committee substitute printed 24107347D-S1 |
| 2024-02-07 | Senate | Reported from Finance and Appropriations with substitute (13-Y 2-N) |
| 2024-01-10 | Senate | Referred to Committee on Finance and Appropriations |
| 2024-01-10 | Senate | Prefiled and ordered printed; offered 01/10/24 24102367D |
Same As/Similar To
HB960 (Similar To) 2024-04-04 - Governor: Acts of Assembly Chapter text (CHAP0462)
